📉 $FOGO USDT Perp — Caution Zone (Futures)

$FOGO USDT is currently trading around $0.0806, down ~10% on the session. The recent sell-off shows weak short-term structure, with price struggling to reclaim key intraday levels.

In futures, moves like this are often driven by forced liquidations and short-term positioning, not healthy accumulation. Catching a falling move without confirmation can quickly turn into a bad trade — especially with leverage.

Trader’s View:

• Trend remains bearish / corrective

• No clear reversal structure yet

• Wait for confirmation before any long bias

• Conservative leverage only (or stay sidelined)

Sometimes the best trade is no trade. Let the market show strength first — don’t rush entries.

FOGOUSDT

Perp

0.02268

+7.33%

#FOGO #FOGOUSDT #BinanceFutures #RiskManagement #WaitForConfirmation